Traders are closely watching the upcoming release of the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI), which are expected to play a crucial role in shaping the Federal Reserve’s (Fed) monetary policy outlook. These inflation...
The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
USD/CAD trades with moderate profits near 1.4305 on Thursday late US session. Canadian ivey PMI shows that activity is declining in January. Investors carefully monitor reports from the US and Canadian labor markets, which are due later on Friday. A...
GBP/USD Fundamental Analysis: Today, GBP/USD is showing some volatility as market sentiment shifts around key economic data. The UK’s Services PMI came in slightly stronger than expected, which is a good sign for the economy. However, there’s still...
The AUD/USD pair on the H1 timeframe is currently displaying mixed signals, making it challenging to determine the short-term direction with certainty. The price is stabilizing around 0.6284 after a notable recovery from lower levels, which suggests...
